Features & Amenities

Interior

  • Total Bedrooms

    3

  • Bathrooms

    3

  • 1/2 Bathrooms

    1

  • Above Grade Finished Area

    1776.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Stucco

  • Parking

    Concrete, Driveway, Garage, Garage Door Opener

  • Patio and Porch Features

    Rear Porch, Enclosed, Front Porch, Patio, Porch

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.0408

  • Property Type

    Residential

  • Property Sub Type

    Condominium

  • Architectural Style

    Contemporary

Price

  • Sales Price

    $279,900

  • Tax Amount

    $3,836

  • Financing Options

    Conventional

  • Sq. Footage

    1,776

  • Price/SqFt

    $157

HOA

  • Association

    YES

  • Association Fee

    $320

  • Association Fee Frequency

    Monthly

  • Association Fee Includes

    N/A

School District

  • Elementary School

    Stow-Munroe Falls CS - 7714

  • Middle School

    Stow-Munroe Falls CS - 7714

  • High School

    Stow-Munroe Falls CS - 7714

Property Features

  • Stories

    2

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Summit

Elementary School

Stow-Munroe Falls CS - 7714

Middle School

Stow-Munroe Falls CS - 7714

High School

Stow-Munroe Falls CS - 7714

Listing Courtesy of Brent Chervenic, Keller Williams Chervenic Rlty

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Welcome to 162 Lake Terrace Dr. in the highly sought-after Silver Valley Condominiums of Munroe Falls! This beautifully maintained 3-bedroom, 3.5-bath condo offers 1,776 sq. ft. of comfortable living space with an abundance of natural light throughout. From the moment you enter, you will appreciate the bright and open feel created by the numerous skylights and thoughtfully designed layout.

The updated kitchen features newer appliances and opens seamlessly to the living room, complete with a cozy fireplace and access to the inviting sunroom — the perfect space to relax and enjoy the natural surroundings. The main level also offers a spacious family room, a convenient half bath, and plenty of room for entertaining.

Upstairs, you’ll find the primary suite featuring a private bathroom and walk-in closet. The second bedroom is generously sized and includes its own private bathroom, offering comfort and privacy for guests or family members. The finished lower level adds even more living space with an additional bedroom, full bathroom, and a finished laundry room.

Enjoy the convenience of a 2-car garage, a welcoming front deck, and a location that puts you close to shopping, restaurants, grocery stores, and the popular Bike & Hike Trail. Located in one of the area’s most desirable condo communities, this Silver Valley gem offers low-maintenance living with plenty of space, updates, and natural beauty. Don’t miss your opportunity to call this home!

162 Lake Terrace Drive

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While the home could use some TLC and personal touches, it offers a solid foundation and great potential for its next owner. Conveniently located just minutes from shopping, restaurants, parks, and the Stow-Munroe Falls Public Library, this home combines a quiet neighborhood setting with easy access to everyday amenities. A great opportunity to bring your vision and make this home your own!
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